Weekend Linky Dinks-FINREG

“No one will know until it is actually in place, how this works” -Chris Dodd

I think Nancy Pelosi said the same thing about health care, but in the end it’s another power grab by government to ruin our lives. The broken down charaltans on the Hill feel they accomplished something yet again, when in fact all they have done is bury us deeper in bureaucracy. We now have more committees and commissions to oversee all of our other newly created committees and commissions. Thanks again. The magic of that picture is also the irony as Dodd took dirty money from Countrywide and Barney got us into the Fannie and Freddie mess. Brilliant, and Hollywood couldn’t do this one justice. This government has become like the mean dad who tells his kid “when I want your opinion I’ll give it to you.”

All the indexes with the exception of the Russell 2000 are down for the year as the market tries to find it’s bullish direction. RIMM was murdered this week as their earnings¬† were soft and the bears are calling it the next MOT or NOK, the bulls think it’s cheap and call it a takeover. Steve Jobs could care less as he just chuckles.

The financials caught a pop on Friday as more of a relief bounce off the Finreg agreement than anything else. They know it’s bad, but they got the news. The market hates uncertainty so they bid the group.

My Premium Site had another great week with shorts in oil, financials and ETF’s. Come on by and check it out.

Have a great weekend and enjoy the links.

Why the G-20 won’t listen to us.

Financial Deform

Steve Cohen on life, love and art.

A hedge fund manager on honesty and fairness.

Spitzer and CNN, what a group.

Toshiba’s cool dual touch screen.

Mexican gangs have strongholds in Arizona hills.

Countries with the most millionaires.

How Priceline became #1

Spain is the troubled one.

Who is the real American Gangster?

Heebner’s cold.

Ladies in the stands.

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